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In the development history of the crypto assets market, we are experiencing a new cycle. Looking back over the past five years, the first versions of Bitcoin and Ethereum went through an upward trend lasting about 33 months. Now, we are in the second version, which has lasted approximately 30 months of rise.
Although this round of fluctuations may not be as severe as the first round, the market situation is still eye-catching. Ethereum is currently on a roll, aiming straight for the high of 5000 to 6000 dollars. However, we cannot ignore the challenges that may arise in the next 2 to 3 months. Especially from mid-October to the Lunar New Year period, the market may encounter significant fluctuations, and investors need to remain vigilant.
Currently, the performance of Bitcoin and Ethereum is encouraging, but we should cherish this brief period of prosperity. The cyclical nature of the market reminds us to always remain rational and not be deceived by short-term rises.
Looking ahead to the next five years, the Crypto Assets market may usher in a new stage of development, entering the 3.0 era. This phase may bring more innovation and opportunities, but it also comes with new challenges and risks. As investors and market participants, we need to continue learning, adapt to changes in the market, and find a balance between opportunities and risks.
Overall, the Crypto Assets market is undergoing a critical turning point. While there may be fluctuations in the short term, the potential of this industry remains immense in the long run. Staying vigilant and investing rationally may be the key to our success in this rapidly changing market.